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Otis Worldwide Corporation is one of the world's leading manufacturers, installers and maintainers of lifting systems. The group provides elevators, escalators and conveyors to residential buildings, shopping centers, public transportation facilities, hotels, hospitals and industrial buildings. Net sales break down by activity as follows:
- maintenance and repair services (45.3%) ;
- sale of elevation systems (45%);
- modernization services (9.7%).
Net sales are distributed geographically as follows: the United States (25.9%), China (20.1%) and other (54%).
Number of employees : 70 000 people.
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| 2020 | 2021 | Delta | | Service | 7 385.00 | 57.9% | 7 870.00 | 55% | +6.57% |
| New Equipment | 5 371.00 | 42.1% | 6 428.00 | 45% | +19.68% |
| USD in Million |
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| 2020 | 2021 | Delta | | Other | 7 159.00 | 56.1% | 7 721.00 | 54% | +7.85% |
| United States | 3 462.00 | 27.1% | 3 700.00 | 25.9% | +6.87% |
| China | 2 135.00 | 16.7% | 2 877.00 | 20.1% | +34.75% |
| USD in Million |
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| Vote  | Quantity | Free-Float | Company-owned shares | Total Float |
| Stock A |
1 |
435,386,077 |
416,359,207 |
95.6% |
18,800,000 |
4.3% |
95.6% |
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| Name | Equities | % | | The Vanguard Group, Inc. | 38,083,283 |
9.14% | | SSgA Funds Management, Inc. | 15,956,282 |
3.83% | | Fiera Capital Corp. (Investment Management) | 9,844,380 |
2.36% | | Geode Capital Management LLC | 9,726,352 |
2.33% | | AllianceBernstein LP | 9,637,299 |
2.31% | | Morgan Stanley Investment Management Ltd. | 9,451,794 |
2.27% | | BlackRock Fund Advisors | 9,021,426 |
2.17% | | Massachusetts Financial Services Co. | 8,732,674 |
2.10% | | Fundsmith LLP | 6,285,878 |
1.51% | | Capital Research & Management Co. (Global Investors) | 6,152,879 |
1.48% |
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| - Bloomberg Code : |
OTIS:US |
| - Reuters Code : |
OTIS.N |
| - Datastream Code : |
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| Company contact information |
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Otis Worldwide Corporation 1 Place Carrier CT 06032 Farmington, Connecticut Phone : +1 (860) 676-6011 Fax : web site : https://www.otis.com/ |
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Sector Elevator & Conveying Equipment
Connections : Otis Worldwide Corporation |
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